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Layoffs on

by Finallypeaceful

ICICI Bank

Shocks widout Warnings!!

I've been working with ICICI since 2008 everythg was fine I had mny promotions wid a promotion too in the last FY of my recent working tenure..n then all of a sudden before few days of COVID, our profile staff received a mail that they going to end the whole profile from the very next day...the question is now how our profile staff going to make it thru when our profile was ended in a day and bank wud not b doing much, rather then depending on the people already there in other departments higher profiles to adjust us into the system somewhr....n as we all was handling audit profile so sumtimes we had to be a bit strict for getting the staff asking them to follow the process..making them do additional stuff was always taken as a burden so but obvious due to which we r no one's fav either..tht never liked us much..hence the implications was no departments head wanted us to become a part of the teams that to from a operations profile in a bank full of sales targets in every department it was a big no no..finally after taking all the measures to save our jobs when nothing worked out .. one fine day i received a call from HR tht either u leave the job by your own or we have to fire you (it was sugary quoted but obvious) inconveniently i had to leave the job.. without a backup job..after 13 plus years of work ex..i feel cheated as after receiving the bestest rating and a promotion in the previous recent year of my tenure with all my hardwork n a travelling job, as a single parent, staying away from my four year kid at home leaving him wid my parents ..just bcoz the profile was finished i was all of sudden not of any use n 'no one' to the ICICI Bank..overall this is the culture of many companies asking the employees last minute to leave..the more I love n felt proud working for 'MY' ICICI Bank the more betrayed i felt when i had to leave it abruptly..thts y PPL say "Love your job, not the Company" . A learning I took back home pretty late

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Personal Finance on

by Finallypeaceful

ICICI Bank

Shocks widout Warnings!!

I've been working with ICICI since 2008 everythg was fine I had mny promotions wid a promotion too in the last FY of my recent working tenure..n then all of a sudden before few days of COVID, our profile staff received a mail that they going to end the whole profile from the very next day...the question is now how our profile staff going to make it thru when our profile was ended in a day and bank wud not b doing much, rather then depending on the people already there in other departments higher profiles to adjust us into the system somewhr....n as we all was handling audit profile so sumtimes we had to be a bit strict for getting the staff asking them to follow the process..making them do additional stuff was always taken as a burden so but obvious due to which we r no one's fav either..tht never liked us much..hence the implications was no departments head wanted us to become a part of the teams that to from a operations profile in a bank full of sales targets in every department it was a big no no..finally after taking all the measures to save our jobs when nothing worked out .. one fine day i received a call from HR tht either u leave the job by your own or we have to fire you (it was sugary quoted but obvious) inconveniently i had to leave the job.. without a backup job..after 13 plus years of work ex..i feel cheated as after receiving the bestest rating and a promotion in the previous recent year of my tenure with all my hardwork n a travelling job, as a single parent, staying away from my four year kid at home leaving him wid my parents ..just bcoz the profile was finished i was all of sudden not of any use n 'no one' to the ICICI Bank..overall this is the culture of many companies asking the employees last minute to leave..the more I love n felt proud working for 'MY' ICICI Bank the more betrayed i felt when i had to leave it abruptly..thts y PPL say "Love your job, not the Company" . A learning I took back home pretty late.

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Personal Finance on

by CourageousSustenance

Tata business hub

Scam Alert

**News Flash:** Hi everyone, there is a new WhatsApp stock market scam happening right now. It starts with a random person messaging you, usually with a woman's profile picture, offering free stock market tips. If you agree, they send you a link to join a group. In the group, they conduct two live broadcasts daily, one in the afternoon and one in the evening. They pay you to watch these broadcasts continuously for three days, along with some data pack recharges. Initially, the broadcasts appear professional, discussing market indices and suggesting stocks. After about a week, they start promoting a "700% wealth surge plan" on your initial investment. They claim that the consulting services you're currently enjoying are worth Rs 50,000 for this quarter. If the 700% gain is achieved, you must pay consulting fees and revenue sharing for two quarters. The fees depend on the information service you choose for the next quarter. If the 700% profit is not achieved, no fees are charged, and future cooperation allows you to choose your desired service level freely. The stocks they suggest also surge, and people in the group keep posting their profits and praising the "professor" named Hardik. When it comes to the 700% surge plan, they introduce a twist: they ask you to download an app or visit a website to sign up with your Aadhar number. They claim this "Preferred Asset Account" has several advantages: 1. It allows for pre-market trading. 2. It has priority trading rights when purchasing Upper Circuit stocks. 3. The success rate of subscribing to IPOs is higher compared to a regular Demat account. Believing it to be genuine, you might add your money. Initially, you make good profits, but soon you realize you can't withdraw your money, and eventually, you are blocked by everyone. The company behind this scam is IEF (International Equity Funds), operated by Meera Patel, Hardik Shah, and Ami Shah from the USA. If you Google them, you won't find any legitimate information. There are also multiple company names associated with this scam, according to my research. Be aware and never fall for these scams with unrealistic profits. Always use trading apps approved by the government, do your research, and be mindful.